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Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However …, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study … is to fill this research gap by examining the potential effect of debt portfolios on family financial wellbeing, measured …
Persistent link: https://www.econbiz.de/10013313876
to variables such as unemployment and the average debt per borrower after the financial crisis of 2007-2008, in the … modelled as a function of unemployment, the average debt per borrower, consumer sentiment, and financial stress, using a logit … average debt per borrower are statistically significant and contribute to increasing delinquency or default in the 50 states …
Persistent link: https://www.econbiz.de/10012132485
. Yet, despite its importance, educational debt is not well understood. Among the reasons is that there exist few central … analysis of the historical and current levels of student debt and how those loans are performing. We also briefly discuss the …
Persistent link: https://www.econbiz.de/10010393218
Germany is a reluctant supporter of the EU funds which are being used in the ‘bailout' of Ireland, and it insists on strict ‘austerity' conditions, concerned about risk and moral hazard.However, through its central bank, Germany is lending €325bn (December 2010) to other central banks in...
Persistent link: https://www.econbiz.de/10013125422
apologized and acknowledged a “moral debt” that it owes the Haitian people. But is there a legal debt that Haiti, one of the …
Persistent link: https://www.econbiz.de/10013290746
Persistent link: https://www.econbiz.de/10011595773
was on debt. The papers presented at the conference and the discussants' comments are released as BIS Working Papers 479 … to 482.BIS Papers No 80 contains the opening address by Jaime Caruana (General Manager, BIS) on "Debt: the view from …:"http://ssrn.com/abstract=2552018" Understanding the Role of Debt in the Financial System"http://ssrn.com/abstract=2552572" Trilemmas and Trade …
Persistent link: https://www.econbiz.de/10013029209
This paper empirically investigates the relationship between the speed of buildup of private debt (household and … basis of how quickly their private debt builds up. In addition to output recessions, we look at consumption and investment … corporate debt is especially damaging for emerging markets during financial recessions. A higher ratio of debt to gross domestic …
Persistent link: https://www.econbiz.de/10012020544
In this paper we empirically explore the relationship between debt and output in a panel of 72 countries over the … predicted by a standard small open economy model by Aguiar and Gopinath (2007), where debt and output endogenously respond to … total factor productivity (TFP) shocks. First, developing countries' debt falls after a positive output shock, while the …
Persistent link: https://www.econbiz.de/10012315471
Persistent link: https://www.econbiz.de/10003570641